Glen Eagle is on schedule with plant expansion in Honduras

Glen Eagle Resources Inc. (Montreal, Quebec, 28 February 2017; TSX-V: GER) reports that its project to expand Cobra Oro gold processing plant in Honduras is on schedule, allowing the Company to enter commercial production in April. The Company has received more than 30 tonnes of parts and equipment that are currently being installed to . . . → Read More: Glen Eagle is on schedule with plant expansion in Honduras

Insiders Own Large Position In Glen Eagle’s Shares

Glen Eagle Resources Inc. (Montreal, Quebec, 15 February 2017; TSX-V: GER) reports that Eric Sprott, Jean Labrecque and Denis Lavigueur own 22 million shares as insiders of the Company. In addition, one shareholder and a Private Fund have another 11 million shares for a combined 33 million shares or 42% of all Glen Eagle’s . . . → Read More: Insiders Own Large Position In Glen Eagle’s Shares

Glen Eagle’s Processing Plant Reaches 90% Gold Recovery

MONTREAL, QUEBEC–(Marketwired – Feb. 1, 2017) – Glen Eagle Resources Inc. (TSX VENTURE:GER) is pleased to announce that Cobra Oro de Honduras, a wholly own Honduran subsidiary of Glen Eagle, has reached 90% gold recovery according to the last two months of production results. This represents a 12% increase year on year and exceeds . . . → Read More: Glen Eagle’s Processing Plant Reaches 90% Gold Recovery

Glen Eagle unit has sales of $1.1M from June to December

Mr. Jean Labrecque reports

GLEN EAGLE REPORTS GOLD SALES OF $1.1 MILLION DOLLARS OVER THE LAST SEMESTER

Cobra Oro de Honduras, a wholly owned subsidiary of Glen Eagle Resources Inc., sold $1.1-million in dore bars from June through December, 2016, while generating sufficient cash flow to pay for $130,000 of on-site capital expenses over . . . → Read More: Glen Eagle unit has sales of $1.1M from June to December

Glen Eagle sells Sandgold for $100,000, 3% NSR royalty

Mr. Jean Labrecque reports

GLEN EAGLE SELLS SANDGOLD’S INTEREST IN NICARAGUA FOR $100 000 AND 3% NSR

Sandgold SA, a wholly owned subsidiary of Glen Eagle Resources Inc., was sold to a private party at arm’s length for the sum of $100,000 and a 3-per-cent net smelter return (NSR) royalty on future development of . . . → Read More: Glen Eagle sells Sandgold for $100,000, 3% NSR royalty